All Safety News – Page 1341
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France will retain majority stake in Air France
Julian Moxon/PARIS The French Government has opted for a progressive reduction in its 94% stake in Air France, but will retain a 53% stake in the carrier, leaving it as one of the last in Western Europe to remain state controlled. The move, which comes as Air France ...
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Up in arms over Uganda
The battle for dominance of African air space is intensifying with Alliance Air striving to gain control of soon to be privatised Uganda Airlines. Alliance's executive director John Murray says it is 'vital' for Kampala-based Alliance to gain control of Uganda Airlines to prevent it from falling prey to ...
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Alitalia stops cheap stunt
Alitalia deftly dropped all promotional fares within Europe in February to avoid the European Commission re-considering approval of its state aid. Alitalia had come under fire from domestic airlines Alpi Eagles and Air One, which claimed the Italian flag carrier was 'price leading' on key routes, violating conditions attached ...
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Asia chops its policies
Fleets, financing and fares are all under review as airlines in the most troubled parts of Asia look for ways to weather the financial turbulence. Boeing predicts that Asian customers could delay up to 60 aircraft deliveries over the next three years. Asian airlines have placed firm orders for ...
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Cintra faces censure
By delaying its initial public offering, the holding company Cintra has dodged calls for separate offerings of shares in Aeromexico and Mexicana, but it still faces heat from several quarters. AeroCalifornia, one of Mexico's two major independent airlines, has become the most outspoken critic of Cintra's practices and ties ...
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US-Japan: is this the finish post?
The new US-Japan civil aviation bilateral might go down in history as the agreement that metamorphosed from a full open skies prospect into a reality check. Given the increasingly obvious premise that full open skies was not on the table, it eventually came down to the US Department of ...
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Airline News
Japan Airlines is scheduled to introduce a three times weekly service from Nagoya to Los Angeles, a twice weekly service between Nagoya and London/Heathrow and a weekly Hiroshima to Honolulu service, as well as a daily Fukushima to Sapporo operation this April. United Airlines is due to introduce a ...
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And then there were four . . .
The latest 'virtual merger' means four airlines have 70 per cent of the US market. The airline alliance dance has moved into a new phase with the announcement of the virtual merger between Northwest Airlines and Continental Airlines. The entire industry is still trying to digest the implications of this ...
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Enter the eurozone
Airlines need to get to grips with the pricing and IT issues that are posed by the planned arrival of Europe's single currency on 1 January, 1999. Report by Gemini's Keith Turner. A year ago it was debatable whether Economic and Monetary Union (EMU) would ever happen. Since then there ...
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1997 at a glance
January Boeing and McDonnell Douglas announce plans for a $13.3 billion merger. Norwegian travel agents threaten to sue SAS over plans to reduce commissions. Delta Air Lines winds down its Frankfurt hub, ending its intra-European services. Swissair, Austrian, Sabena and Delta establish a revenue pool on the North Atlantic. A ...
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Dutch courage pays off
KLM is now in the major league of global alliances. But the carrier still needs to select an Asian partner while noise restrictions at its hub threaten its development. Leo van Wijk, president and chief executive officer, talks to Lois Jones about the challenges facing KLM.At 10.30 am precisely ...
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Champion of the cause
Senator John McCain is on a mission to secure a more competitive US airline industry. His legislative proposals include freeing up more slots for startups and smaller airlines, prompt action against predatory behaviour, and increased airport funding. Report by Karen Walker.'He can be a powerful friend or a formidable foe,' ...
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US alliance opens the floodgates
The alliance coup pulled off by Northwest and Continental will speed up similar revenue tieups in the US and push global alliance building to new levels of activity. By Karen Walker.Denying a statement that he has worked for '. . . just about every airline in the US', US Airways' ...
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Looking peaky
In its third straight year of profit, the airline industry broke all records last year. But some Asians are suffering and tougher times may be ahead. Richard Whitaker reports. It's early days yet and many carriers have not yet reported full-year financial results for 1997, but it is clear that ...
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Labour strife hits Europe
Cancellations are set to continue at Olympic Airlines if the question of staff shortages is not resolved, while labour strife is also plaguing Virgin Express. Olympic's unions are demanding that the airline reinstate the 64 seasonal flight attendants it fired in February. At presstime, the airline was forced to ...
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Weakened by taxation
Growing profits at many airlines have led to an increase in the taxes levied by governments and a rash of new charges. Tom Gill assesses the current state of affairs worldwide.'An airline is like a fat cow - everyone is milking it.' Like most airline executives, Franco Mancassola of UK-based ...
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Oriental calm dawns in US
At long last, Tokyo and Washington have settled their aeropolitical differences with a substantive open skies agreement that extends well beyond a 'mini-deal'. But Europeans are fuming at the deal's valuable concessions to the US. The new US-Japan open skies deal penned in February 1998 has helped right the ...
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Southern boom
The US carriers, led by American Airlines, have benefited the most from the growth in demand to Latin America. Report by April Pearson. With growth of 23.9 per cent over the last five years, US-Latin America air traffic is outpacing economic growth. Growth still lags behind the larger European and ...
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P&W starts geared turbofan revolution
Karen Walker Pratt & Whitney will unveil details tomorrow of its new PW8000 geared turbofan, the engine which it says will "-change the rules of the game." P&W has made the unusual decision to launch the PW8000 without a customer. But company president Karl Krapek says it is time to ...
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Singapore Aircraft Leasing Enterprise (SALE)
Singapore Aircraft Leasing Enterprise (SALE) is to consider a Singapore and New York Stock Exchange listing in 2000 as a capital-raising exercise to help boost its portfolio. Managing director John Willingham says SALE has no definitive plans to list at the moment, although owners Singapore Airlines (SIA), Boullioun Aviation Services ...